12-23-2013 Newshound Guru Tlar
It
also says that "deleting the zeros" is "just an administrative process" meaning the CBI will administer it. It not a market
driven event. The CBI is responsible and in control of the rate, and it is
the CBI that will determine the new rate. Again the article suggests that at least
deleting the 3 zeros is not driven by the market. This article...speaks of a RV, not a float. The facts of what the CBI has been doing over the last two years,
cleaning out the ME of dinars including dollarizing Iraq, supports
this. If
the above article is an accurate depiction of the process, the new rate will
be... .86. Those 3 leading 0's will be removed all at one time, as
an event. [post
2 of 2]
